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Sell Your House in Birmingham for Cash

Author: Cahaba Home Buyers

ACRE Update for Birmingham Real Estate in September 2012

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The Alabama Center for Real Estate (ACRE) reports periodically on the date of the real estate markets, similar to the Market Trends reports that we post updates on. Their most recent update included some interesting information about the inventory of houses available in Birmingham (meaning the total number of houses available for sale on the … Continued

Birmingham’s Worst ZIP codes for rebounding house prices

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As a follow-up to last week’s blog about Birmingham’s best ZIP codes for home prices since 2007, here is information about the worst performing ZIP codes since 2007.  These are from a follow-up article from the Birmingham Business Journal. The list of the worst ZIPs for house prices since include some of the most aflluent areas … Continued

Birmingham’s best ZIP codes for rebounding home prices

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The Birmingham Business Journal recently reported on the top 25 zip codes in the Birmingham area for home price appreciation since 2007. The average zip code is still 7.5% below the home prices seen at the peak of the market in 2007.  However, some zip codes have completely rebounded, particularly in the St. Clair County … Continued

Real Estate Update for Birmingham: September 2012

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The real estate report from Market Trends has been released for the month of September 2012.  Sales were down about 3% of last September, although units sales (number of houses sold) were down 10% from last September. The “absorption” is better than last year, though.  This represents the number of months at the current sales … Continued

Birmingham Not Included in “Improving Markets” Index

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The National Association of Homebuilders (NAHB) released it’s monthly report  on various housing markets around the country. They track markets that are showing signs of improving economic health.  The index measures employment growth, house price growth, and residential housing growth (single-family) to identify the top improving markets.  The full current list can be  seen here … Continued

Birmingham Real Estate Update for August 2012

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Market Trends has once again released their monthly report on the Birmingham real estate market. Total sales in August were up a surprising 25% versus August last year.  Sales for August even increased versus July, which hasn’t happened in six years. Total inventory (houses available for sale) is 20% lower than the same time last … Continued

Birmingham real estate market update for July

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Market Trends has released their report on Birmingham area real estate sales for the month of July 2012.   This is the report on sales of properties through the Multiple Listing Service (MLS). Overall sales were down 5% versus last year.  Inventory (available houses) is down 20%.  This means we are not seeing as many … Continued

Alabama home prices fell over 3% in June

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According to CoreLogic, Alabama home prices had the steepest decline in the nation for the month of June.  When including foreclosures, home prices fell 4.8%.  When not including foreclosures, home prices fell 3.1%.  These are both huge declines for a single month. In Birmingham, “fortunately” prices fell only 1.3% in June, which is still more … Continued

Birmingham June Real Estate Update

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The Alabama Market Trends blog has released their report on Birmingham real estate for the month of June 2012. Home sales in June increased 13% versus June of 2011.  The total amount of houses available for sale was 21% lower than last year.  The combination of these two factors could be good news if you are … Continued
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